Chainlink Price Prediction for Today, April 27 – LINK Technical Analysis

adminApril 28, 2024

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Chainlink price predictions show that LINK is recovering from its daily opening level of $14.9 with the price rising.

Chainlink drops more than 3% in less than 24 hours

Over the past 24 hours, Chainlink has fallen 3.72% and is currently sitting at $14.44. This change contrasts with a positive trajectory over the past week, with the stock up 7.0% from $13.56 to its current value. Despite recent downturns, Chainlink continues to be resilient, demonstrating its ability to navigate market fluctuations.

Chainlink prediction statistical data:

Current Chainlink price – $14.81
Chainlink market capitalization – $8.6 billion
Chainlink Circulating Supply – 587 million
Chainlink Total Supply – 1 billion
Chainlink Coinmarketcap Ranking – 16th

LINK/USD Market

Main level:

Resistance levels: $19, $21, $23

Support levels: $10, $8, $6

Chainlink Price Prediction for Today, April 27 – LINK Technical Analysis — LINKUSD – Daily Chart

LINK/USD is trading within its 9- and 21-day moving averages as the coin reaches its daily high at the resistance level of $14.90. As of this writing, Chainlink is changing hands at $14.81, up more than 1.88% after touching a daily low of $14.36. However, with the recent recovery, the digital asset is likely to head higher to increase its bullish movement.

Chainlink Price Prediction: Chainlink (LINK) Could Be on the Rise.

Chainlink price remains within its 9-day and 21-day moving averages at the $14.81 price level. Moreover, if the bulls start to maintain an upward trend, the trade may touch the resistance levels of $19, $21, and $23 near the upper border of the channel, respectively. Conversely, strong selling pressure towards the downside can push the price towards the lower boundary of the channel.

Nonetheless, if Chainlink price falls south, it could reach support levels at $10, $8, and $6. Meanwhile, the 9-day MA is below the 21-day MA, suggesting that the market may follow a bearish trend.

LINK/BTC may move sideways

Compared to Bitcoin, Chainlink price is likely to move sideways with the coin moving within its 9-day and 21-day moving averages and trading at 2275 SAT. Therefore, if buyers push the price above the 21-day moving average following recent positive signals, the current market movement may start to follow an upward trend.

Nevertheless, if the bulls increase the pressure, the market price may reach resistance levels above 2800 SAT. Meanwhile, a retest below the 9-day moving average could push the price lower to support levels below 1800 SAT.

Additionally, @cryptocantoncat, which boasts over 14,000 followers on These setups typically include bullish crossovers, retests of support, consistent whale activity, and a downtrend with decreasing volume. Despite the attractive potential, users expressed limitations in their funds and decided to keep their current holdings instead of purchasing more assets.

$LINK #Chainlink
I got a lot of questions about it.
This is the type of setup before exploding upwards.
Bullish cross, backtesting support, whale inflow remains the same, downward trend as trading volume decreases
If I had more money I would have bought it
I can’t buy everything
So I’ll keep what I got pic.twitter.com/srVxWr7q7z
— Cantonese Cat 🐱 (@cryptocantoncat) April 27, 2024

Chainlink Alternatives

Chainlink price could break above the 21-day moving average, and a break of the $15 resistance could bring bulls into focus and the coin could create an additional bullish trend. As buyers continue to post firm commitments to the market, optimistic scenarios seem to be surfacing. In the cryptocurrency market, Chainlink (LINK) currently ranks 16th with a market cap of $8.6 billion, and its size may limit its growth. Conversely, Dogeverse (DOGEVERSE), a globally pioneering cross-chain meme token, recently surpassed $11.6 million in its ICO, sparking investor enthusiasm ahead of its exchange debut. The Dogeverse ICO continues to surge, marking another significant milestone at the intersection of blockchain technology and meme culture.

Dogeverse Raises $10 Million – Is It The Best Cryptocurrency To Buy Now? 100X Potential Meme Coin Alert!

Dogeverse, the groundbreaking meme token, just raised an impressive $11.6 million in funding, signaling a rapid rise in its potential. With unique cross-chain capabilities and unparalleled integration of meme culture, Dogeverse is more than just a token. A revolution is waiting to happen.

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